Signals, Powered By EquityPandit
Glenmark Pharma closed the previous week on a negative note losing 5.33%.
Technically, Glenmark Pharma share price will see immediate support at 989.60 and immediate resistance would be seen at 1,045.10.
If Glenmark Pharma share price closes below immediate support of 989.60, then sharp breakdown can be seen. Glenmark Pharma share price will see major support at 959.65 for the week.
On the positive side, immediate resistance will be seen at 1,045.10. Closing above 1,045.10, Glenmark Pharma share price will see a sharp breakout. Major resistance for Glenmark Pharma share price will be seen at 1,070.65 for the week.
Trading range for Glenmark Pharma share price for this week should be between 934.10 on down side and 1,100.60 on up side.
Glenmark Pharma Previous Week High: 1040.7
Glenmark Pharma Previous Week Low: 985.2
Glenmark Pharma Previous Week Range: 55.5 Points
Glenmark Pharma share price support and resistance for the week (May 20, 2024 – May 24, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,100.60 |
| Resistance 2 | 1,070.65 |
| Resistance 1 | 1,045.10 |
| Support 1 | 989.60 |
| Support 2 | 959.65 |
| Support 3 | 934.10 |
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{"buy_point":[],"sell_point":[{"en_ltd":"2024-05-03","en_sup_p_91":"1055.41","en_sup_t_91":"1085.29","prev_close":"1060.50","en_close":"1053.30","new_date":"May 3","prev_close_no":1060}]}
